Investment package for two great rental properties at an 8.3% proforma cap rate at 20% operating expenses! Both properties are very close to Valdosta State University (11,700 apprx enrollment). 1303 Iola Drive currently rents for $1200 and is leased through 8/1/21. 601 Azalea Cir is currently between tenants and expected to lease for $1400. Both have been great rentals and easy to keep leased! Iola and Azalea can be purchased together for $300,000, or bought separately for $140,000 and $160,000 respectively. Azalea has a pool in the back with a brand new liner and pump equipment! Don't miss out! Start cash flowing today!
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